nebakke
Well-Known Member
http://www.dailytelegraph.com.au/sp...f/news-story/b7c14f61c41068d6d5356f3bed8c02ab
“I think the situation is getting a lot better,” he said. “Two years ago, we were looking for more investors. Now, from a financial point of view, we’re in the strongest position we have been in since long before I took the club over. That was the year we won the title, and we lost $2m that year — it wasn’t a lot of fun, apart from the grand final.
“The following year we lost half that, last year some $400,000, and this year we’re hoping to break even or thereabouts. The last phase of our centre of excellence has been a commercial success, but the next phase will be something else all together.
I thought we broke even last year to much fan fare? Was it blown on Luis Garcia?
We broke even because of the on-sell fees received from Matty and Tesco - I'm guessing he's referring to the actual ongoing incomes vs outgoings